The computed 12-month bankruptcy probability of MILLETON is 8.1% (elevated). For MILLETON, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €7,494 and a net result of €2,784. Equity is growing by about 50% per year across the filed financial years. Its solvency ranks better than 18% of 1,170 sector peers (NACE 82, financial year 2023). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
NACE 82100Other business support services NACE 82990
1 site
Size
€125,849turnover 2023
Staff
2 FTE
Equity
€7,494
Profit
€2,784
Financial health
Bankruptcy probabilitywithin 12 months
8.1%
2023 figures too old to score
Structure
2024 accounts not filed, 452 days past the deadline6 deeds in the Belgian Official Gazette
Signalsraises risk2 financial years not filed after the legal deadline; last filed accounts filed 244 days late; 3 of the last 3 lateFigures for financial year 2023 (filed 02-04-2025)Liquidity: current ratio 0.47, cash €1,531, halvedTwo or more financial years not filed2023 accounts filed 244 days lateAdministrative warnings in the KBO publicationslowers riskSector: Office administrative, office support and other business support activities (NACE 82)Show the evidence
Bankruptcy probability
No current score
Checked score
A figure from 0 to 100: the higher it is, the smaller the chance that the company goes bankrupt within twelve months. The band, from Critical to Excellent, follows from that chance; within the band, how the company does against its sector peers counts too. With a low score, agree a shorter payment term, an advance or security.
Figures too old
The available figures for FY 2023 are too old to assess current financial health.
Bankruptcy probability: Elevated
Filing: At least two filing cycles are missing
Financial strength, FY 2023 · tick = 2021
Financial strength
How strong the balance sheet and results are: solvency, liquidity and profitability from the latest annual accounts, each out of 100. It does not directly set the Checked score's band; how the company does on these and on growth against its sector peers does count for its place within the band.
Weak
Solvency31-2
equity 6.3% of total assets
Liquidity2-14
short-term debt 93.7% · cash 1.3%
Profitability61-20
return on assets 2.3%
Bankruptcy probability, 12 months
Bankruptcy probability
The chance that the company goes bankrupt within twelve months, estimated from the registers, the annual accounts and the Belgian Official Gazette. 0.2% means about 2 in 1,000 comparable companies. The higher it is, the shorter the payment term to agree.
8.1%Elevated
0%0.5%1.5%4%10%≥ 25%
About 8 in 100 comparable companies go bankrupt within 12 months (an estimate).
Sector median 0.2% (12,649 companies, NACE 82, micro)
Last 24 months11-2024: 7.5%12-2024: 7.5%● unchanged vs 11-202401-2025: 7.5%● unchanged vs 12-202402-2025: 7.5%● unchanged vs 01-202503-2025: 8.2%▲ +0.7 percentage points vs 02-2025highest value04-2025: 8.2%● unchanged vs 03-2025highest value05-2025: 3.1%▼ -5.1 percentage points vs 04-202506-2025: 2.7%▼ -0.4 percentage points vs 05-2025lowest value07-2025: 2.8%▲ +0.1 percentage points vs 06-202508-2025: 3.0%▲ +0.2 percentage points vs 07-202509-2025: 3.3%▲ +0.3 percentage points vs 08-202510-2025: 4.1%▲ +0.8 percentage points vs 09-202511-2025: 4.1%● unchanged vs 10-202512-2025: 4.8%▲ +0.7 percentage points vs 11-202501-2026: 6.8%▲ +2.0 percentage points vs 12-202502-2026: 6.8%● unchanged vs 01-202603-2026: 6.8%● unchanged vs 02-202604-2026: 6.2%▼ -0.6 percentage points vs 03-202605-2026: 6.2%● unchanged vs 04-202606-2026: 6.2%● unchanged vs 05-202607-2026: 6.2%● unchanged vs 06-202608-2026: 8.1%▲ +1.9 percentage points vs 07-202609-2026: 8.1%● unchanged vs 08-202610-2026: 8.1%● unchanged vs 09-2026
raises risk · Two or more financial years not filed
Since the financial year that closed on 31-12-2024, 2 financial years are missing at the National Bank. A company this far behind goes bankrupt within the year nineteen times as often as a punctual filer.
31-12-2024 year end31-07-2025 deadline26-10-2026 today
raises risk · 2023 accounts filed 244 days late
The financial year that closed on 31-12-2023 was due by 31-07-2024 and was filed on 01-04-2025, 244 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
tick = median of all Belgian filingsring = median in the sector
This company filed its last 5 accounts on average 466 days after the deadline; the sector median (NACE 82) for financial year 2024 is 7 days before the deadline, and 35% of those companies filed late.
raises risk · Administrative warnings in the KBO publications
1 publication by the FPS Economy about this company, such as a strike-off for address, accounts or UBO, or its withdrawal.